The Susan G. Komen Breast Cancer Foundation, Inc. dba Susan G ...

C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S

A N D S U P P L E M E N T A R Y I N F O R M A T I O N

The Susan G. Komen Breast Cancer Foundation, Inc. dba Susan G. Komen for the Cure® and Affiliates Years Ended March 31, 2013 and 2012 With Report of Independent Auditors

Ernst & Young LLP

1309-1130337

The Susan G. Komen Breast Cancer Foundation, Inc. dba Susan G. Komen for the Cure® and Affiliates

Consolidated Financial Statements and Supplementary Information

Years Ended March 31, 2013 and 2012

Contents

Report of Independent Auditors.......................................................................................................1

Consolidated Financial Statements

Consolidated Statements of Financial Position ................................................................................3 Consolidated Statements of Activities .............................................................................................4 Consolidated Statements of Cash Flows ..........................................................................................5 Consolidated Statements of Functional Expenses ...........................................................................6 Notes to Consolidated Financial Statements ....................................................................................8

Supplementary Information

Consolidating Statement of Financial Position by Affiliate ..........................................................25 Consolidating Schedule of Revenue by Affiliate ...........................................................................38 Consolidating Schedule of Functional Expenses by Affiliate .......................................................44

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Report of Independent Auditors

The Board of Directors The Susan G. Komen Breast Cancer Foundation, Inc.

We have audited the accompanying consolidated financial statements of the Susan G. Komen Breast Cancer Foundation, Inc. dba Susan G. Komen for the Cure® and Affiliates (the Organization), which comprise the consolidated statements of financial position as of March 31, 2013 and 2012, and the related consolidated statements of activities, cash flows, and functional expenses, and the related notes to the consolidated financial statements.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these consolidated financial statements in conformity with U.S. generally accepted accounting principles; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free of material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

A member firm of Ernst & Young Global Limited

Ernst & Young LLPOne Victory Park Suite 2000 2323 Victory Avenue Dallas, TX 75219

Tel: +1 214 969 8000 Fax: +1 214 969 8587 www.ey.com

A member firm of Ernst & Young Global Limited

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We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.


Our audit was conducted for the purpose of forming an opinion on the consolidated financial statements as a whole. The consolidating statement of financial position by affiliate, consolidating schedule of revenue by affiliate, and consolidating schedule of functional expenses by affiliate are presented for purposes of additional analysis and are not a required part of the consolidated financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. The information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States. In our opinion, the information is fairly stated in all material respects in relation to the consolidated financial statements as a whole.

Opinion

In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated financial position of The Susan G. Komen Breast Cancer Foundation, Inc. dba Susan G. Komen for the Cure® and Affiliates at March 31, 2013 and 2012, and the consolidated results of their operations and their cash flows for the years then ended, in conformity with U.S. generally accepted accounting principles.

ey September 26, 2013

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Consolidated Statements of Financial Position

March 31 2013 2012 Assets Cash and cash equivalents $ 138,852,265 $ 190,698,908 Investments (Note 2) 230,560,233 219,187,407 Receivables, net (Note 3) 54,618,618 57,917,456 Prepaid expenses and other assets 3,352,084 3,350,505 Property and equipment, net (Note 1) 1,918,916 3,108,957 Total assets $ 429,302,116 $ 474,263,233 Liabilities and net assets Accounts payable, accrued expenses, and other payables $ 10,737,091 $ 20,156,121 Deferred revenue and rent 3,819,982 4,093,822 Grants payable, net (Note 4) 228,302,662 251,294,614 Total liabilities 242,859,735 275,544,557 Net assets (Note 5):

Unrestricted – undesignated 118,585,487 124,980,040 Unrestricted – board designated 1,000,000 1,000,000 Total unrestricted 119,585,487 125,980,040 Temporarily restricted 66,531,894 72,413,636 Permanently restricted 325,000 325,000

Total net assets 186,442,381 198,718,676 Total liabilities and net assets $ 429,302,116 $ 474,263,233

See accompanying notes.

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Consolidated Statements of Activities

Year Ended March 31, 2013 Year Ended March 31, 2012

Unrestricted Temporarily

Restricted Permanently

Restricted Total Unrestricted Temporarily

Restricted Permanently

Restricted Total Public support and revenue:

Contributions, sponsorships, and race entry fees $ 226,640,112 $ 43,357,066 $ – $ 269,997,178 $ 326,399,748 $ 21,464,497 $ 100,000 $ 347,964,245

Contributed goods and services (Note 1) 66,951,841 729,496 – 67,681,337 75,740,465 – – 75,740,465 Less direct benefits to donors and sponsors (29,244,925) – – (29,244,925) (29,931,680) – – (29,931,680)

264,347,028 44,086,562 – 308,433,590 372,208,533 21,464,497 100,000 393,773,030 Interest and dividends 4,689,242 – – 4,689,242 4,189,704 – – 4,189,704 Net realized gains on investments 2,909,802 – – 2,909,802 4,213,962 – – 4,213,962 Net unrealized gains (losses) on

investments 8,836,338 – – 8,836,338 (3,598,781) – – (3,598,781)Other 333,271 – – 333,271 124,886 261,767 – 386,653 Net assets released from restrictions 49,968,304 (49,968,304) – – 30,645,131 (30,645,131) – –

Total net public support and revenue 331,083,985 (5,881,742) – 325,202,243 407,783,435 (8,918,867) 100,000 398,964,568 Expenses:

Program services: Research 49,526,380 – – 49,526,380 69,145,875 – – 69,145,875 Public health education 143,245,767 – – 143,161,874 173,813,251 – – 173,813,251 Health screening services 55,868,772 – – 55,868,772 50,337,949 – – 50,337,949 Treatment services 18,793,145 – – 18,793,145 24,984,647 – – 24,984,647

Total program services 267,434,064 – – 267,350,171 318,281,722 – – 318,281,722

Supporting services: Fund-raising costs 50,688,144 – – 50,772,037 52,118,804 – – 52,118,804 General and administrative 19,356,330 – – 19,356,330 23,064,504 – – 23,064,504

Total supporting services 70,044,474 – – 70,128,367 75,183,308 – – 75,183,308 Total expenses 337,478,538 – – 337,478,538 393,465,030 – – 393,465,030 Change in net assets (6,394,553) (5,881,742) – (12,276,295) 14,318,405 (8,918,867) 100,000 5,499,538 Net assets at beginning of year 125,980,040 72,413,636 325,000 198,718,676 111,661,635 81,332,503 225,000 193,219,138 Net assets at end of year $ 119,585,487 $ 66,531,894 $ 325,000 $ 186,442,381 $ 125,980,040 $ 72,413,636 $ 325,000 $ 198,718,676


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Consolidated Statements of Cash Flows

Year Ended March 31 2013 2012 Operating activities Change in net assets $ (12,276,295) $ 5,499,538 Adjustments to reconcile change in net assets to

net cash (used in) provided by operating activities: Depreciation and amortization 1,567,787 1,837,168 Net unrealized (gains) losses on investments (8,836,338) 3,598,781 Decrease in receivables, net 3,298,838 19,293,195 (Increase) decrease in prepaid expenses and other assets (1,579) 163,878 Decrease in accounts payable, accrued expenses,

and other payables (9,419,030) (8,006,241) Decrease in deferred revenue and rent (273,840) (2,243,125) Decrease in grants payable, net (22,991,952) (13,543,861)

Net cash (used in) provided by operating activities (48,932,409) 6,599,333 Investing activities Purchases of property and equipment (377,746) (554,185) Purchases of investments (43,861,400) (115,634,801) Sales and maturities of investments 41,324,912 109,279,214 Net cash used in investing activities (2,914,234) (6,909,772) Net decrease in cash and cash equivalents (51,846,643) (310,439) Cash and cash equivalents at beginning of year 190,698,908 191,009,347 Cash and cash equivalents at end of year $ 138,852,265 $ 190,698,908


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Consolidated Statement of Functional Expenses

Year Ended March 31, 2013

Supporting Services Program Services Fund-Raising Costs General and Administrative

Research Public Health

Education

Health Screening Services

Treatment Services

Race for the Cure and

3-Day Other Fund-

Raising Affiliate

Relations Other Total Marketing and communications

(primarily contributed goods and services) $ 1,218,345 $ 49,485,434 $ 88,869 $ 30,588 $ 14,581,899 $ 7,880,052 $ 4,889 $ 848,523 $ 74,138,599

Salaries and benefits 6,150,762 26,153,179 4,707,866 1,785,973 1,277,556 4,845,142 2,953,147 7,831,239 55,704,864 Supplies 17,218 740,586 35,980 15,143 128,163 143,293 11,707 242,926 1,335,016 Postage and shipping 26,374 3,027,179 38,493 17,170 29,043 1,439,657 10,741 109,614 4,698,271 Occupancy 519,915 3,222,054 353,486 161,629 391,511 310,493 257,952 1,520,004 6,737,044 Equipment rental 651,541 3,313,674 296,485 148,038 1,007,521 460,182 331,143 539,114 6,747,698 Conferences, conventions,

and meetings 247,731 1,798,941 157,647 71,026 51,753 626,476 56,664 173,562 3,183,800 Printing and publications 20,215 5,401,295 65,208 24,167 48,434 2,763,697 11,470 114,334 8,448,820 Awards and grants 37,786,227 16,619,240 48,695,409 15,933,425 – – – – 119,034,301 Professional fees 1,742,128 18,884,866 906,390 368,332 3,825,884 2,332,386 403,927 1,680,476 30,144,389 Travel 361,533 2,363,720 232,968 86,661 199,208 232,120 215,761 318,435 4,010,406 Taxes 3,973 119,551 1,366 679 10,119 14,595 1,974 22,691 174,948 Race series production 43,685 8,827,219 36,338 18,973 2,324,851 744,327 177 53,937 12,049,507 Bank fees 115,690 700,232 44,135 22,070 4,146,550 229,276 52,866 546,221 5,857,040 Telephone 71,894 483,400 59,563 27,980 45,101 52,411 34,474 216,820 991,643 Depreciation and amortization 283,324 651,710 85,660 49,286 58,107 96,240 140,775 202,685 1,567,787 Miscellaneous 265,825 1,369,594 62,909 32,005 53,551 422,439 34,190 413,892 2,654,405 Total expenses before direct benefits to

donors and sponsors 49,526,380 143,161,874 55,868,772 18,793,145 28,179,251 22,592,786 4,521,857 14,834,473 337,478,538 Direct benefits to donors and sponsors – – – – 27,452,147 1,792,018 – 760 29,244,925 Total expenses $ 49,526,380 $ 143,161,874 $ 55,868,772 $ 18,793,145 $ 55,631,398 $ 24,384,804 $ 4,521,857 $ 14,835,233 $ 366,723,463

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Consolidated Statement of Functional Expenses


Supporting Services Program Services Fund-Raising Costs General and Administrative

Research Public Health

Education


Treatment Services

Race for the Cure and

3-Day Other Fund-

Raising Affiliate

Relations Other Total Marketing and communications

(primarily contributed goods and services) $ 16,936 $ 59,556,592 $ 542,682 $ 10,553 $ 15,157,793 $ 1,413,321 $ 4,574 $ 472,804 $ 77,175,255

Salaries and benefits 5,353,681 27,442,185 2,586,427 2,031,364 1,418,922 4,872,351 2,248,412 9,219,187 55,172,529Supplies 18,892 966,909 36,385 18,961 164,097 157,538 8,288 308,141 1,679,211Postage and shipping 31,417 3,794,428 18,011 13,129 57,810 2,205,556 12,504 146,476 6,279,331Occupancy 345,499 3,077,391 178,185 172,115 445,462 245,691 142,121 1,745,438 6,351,902Equipment rental 471,078 3,273,681 119,971 145,279 940,341 451,532 207,035 737,820 6,346,737Conferences, conventions,

and meetings 281,647 2,722,915 104,559 70,028 107,878 613,452 119,371 391,495 4,411,345Printing and publications 31,669 6,210,592 59,401 27,929 52,125 4,026,419 11,127 200,809 10,620,071Awards and grants 59,243,583 26,559,435 45,823,721 21,565,802 – – – – 153,192,541Professional fees 1,746,448 22,887,732 573,719 568,870 4,193,309 1,811,691 899,460 2,324,545 35,005,774Travel 491,905 3,417,814 127,196 174,077 187,276 345,068 328,771 812,791 5,884,898Taxes 28,752 117,068 4,145 7,221 17,491 17,861 11,826 42,045 246,409Race series production 32,585 9,311,030 8,358 5,827 2,405,895 972,644 224 378,396 13,114,959Bank fees 92,595 664,362 19,909 21,197 5,703,898 234,786 31,526 841,957 7,610,230Telephone 66,071 565,886 38,416 30,099 67,302 50,812 26,424 259,119 1,104,129Depreciation and amortization 264,983 831,916 43,813 73,809 76,915 84,664 108,997 352,071 1,837,168Miscellaneous 628,134 2,413,315 53,051 48,387 2,018,593 1,600,311 34,336 636,414 7,432,541Total expenses before direct benefits to

donors and sponsors 69,145,875 173,813,251 50,337,949 24,984,647 33,015,107 19,103,697 4,194,996 18,869,508 393,465,030Direct benefits to donors and sponsors – – – – 27,748,654 2,183,026 – – 29,931,680Total expenses $ 69,145,875 $ 173,813,251 $ 50,337,949 $ 24,984,647 $ 60,763,761 $ 21,286,723 $ 4,194,996 $ 18,869,508 $ 423,396,710


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Notes to Consolidated Financial Statements

March 31, 2013

1. General Information and Summary of Significant Accounting Policies

General Information

The Susan G. Komen Breast Cancer Foundation, Inc. doing business as Susan G. Komen for the Cure® and Affiliates (the Organization), a Texas not-for-profit corporation, was incorporated in July 1982. The primary mission of the Organization is to eradicate breast cancer as a life-threatening disease by advancing research, education, screening, and treatment. Research advancement is achieved through relationships with medical and cancer centers throughout the United States, as well as internationally. Treatment and screening programs, primarily funded through the Organization’s Affiliates, produce affordable treatment and screening for the medically underserved and other target populations. The Organization’s reach has expanded tremendously since its inception, due in large part to the Komen Race for the Cure® Series (the RFTC Series) and other fund-raising programs and events, as well as the Organization’s many donors, corporate partners, and educational initiatives and materials. As a result of this heightened awareness of breast cancer, millions have received the life-saving message of early detection.

The consolidated financial statements of the Organization include the activity of the Organization’s International Headquarters, the Susan G. Komen for the Cure® Advocacy Alliance (the Alliance), and 119 and 120 Affiliates in 2013 and 2012, respectively. All significant intercompany accounts have been eliminated in the accompanying consolidated financial statements.

The RFTC Series, a series of 5K and one-mile walk/runs, was held in 136 and 133 cities across the United States during 2013 and 2012, respectively, and is the Organization’s primary source of revenues. The Breast Cancer 3-Day Series (The 3-Day Series), a series of 60-mile walks over a three-day period, was held in 14 cities across the United States in both 2013 and 2012.

Up to 75% of the net proceeds generated by the Affiliates are used to fund breast cancer education, treatment, and screening projects within local communities. The remaining 25% is used to fund breast cancer research and project grants on a national level.


Notes to Consolidated Financial Statements (continued)

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1. General Information and Summary of Significant Accounting Policies (continued)

The following Affiliates are included in the accompanying consolidated financial statements.

Acadiana Greater Amarillo NC Foothills Shreveport-Bossier City Arkansas Greater Atlanta NC Triad Siouxland Aspen Greater Cincinnati NC Triangle South Dakota Austin Greater Evansville Nebraska South Florida Baton Rouge Greater Kansas City New Orleans Southeast Iowa Bayou Region Greater Lansing North Central Alabama Southern Arizona Boise Greater Nashville North Dakota Southwest Florida Central & South Jersey Greater New York City North Florida Southwest Michigan Central Florida Greater Richmond North Jersey St. Louis Central Georgia Greater Roanoke North Mississippi Tarrant County Central MS Steel Magnolias Hawaii North Texas Texarkana Central New Mexico Houston Northeast Louisiana Tidewater Central New York Indianapolis Northeast Ohio Tri Cities Central Oklahoma Inland Empire Northeast Pennsylvania Tulsa Central Texas Knoxville Northeastern New York Tyler Central Valley Las Vegas Northern Indiana Upper Cumberland Central Wisconsin Lexington Northern Nevada Upstate South Carolina Charlotte Los Angeles County Northwest Ohio Vermont-New Hampshire Chattanooga Louisville Orange County Wabash Valley Chicagoland Area Lowcountry (Charleston) Oregon & SW Washington West Virginia Coastal Georgia Lubbock Area Ozark Western New York Colorado Springs Madison Peoria Memorial Wichita Falls Columbus Maine Philadelphia Wyoming Connecticut Maryland Phoenix Dallas County Massachusetts Pittsburgh Denver Metropolitan Memphis Mid-South Puget Sound Des Moines Miami-Ft. Lauderdale Quad Cities Eastern Washington Mid-Kansas Sacramento Valley El Paso Mid-Missouri Salt Lake City Elmira Milwaukee San Antonio Florida Suncoast Minnesota San Diego Grand Rapids Montana San Francisco Bay Area

During fiscal year 2008, the Organization formed the Alliance under Section 501(c)(4) of the Internal Revenue Code (the Code). The Alliance was established to enhance the Organization’s public policy efforts.



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International Affiliates of the Organization operate in Italy, Germany, and Puerto Rico under three separate International Affiliate Agreements. The financial statements of the three international Affiliates are not included in the accompanying consolidated financial statements since the Organization does not currently exercise economic or board-controlling interests over any of these Affiliates.

Basis of Presentation

The accompanying consolidated financial statements have been prepared on the accrual basis of accounting, in accordance with accounting principles generally accepted in the United States for not-for-profit organizations. Under these provisions, net assets, revenues, gains, and losses are classified based on the existence or absence of donor-imposed restrictions. Expenses are classified as unrestricted. Accordingly, net assets of the Organization and changes therein are classified and reported as follows:

• Unrestricted net assets – Net assets that are not subject to donor-imposed stipulations. Unrestricted net assets may be designated for specific purposes by action of the Board of Directors.

• Unrestricted net assets, board-designated – Unrestricted net assets designated by the Board of Directors as restricted for mission expenditures.

• Temporarily restricted net assets – Net assets subject to donor-imposed stipulations that will be met either by actions of the Organization and/or the passage of time. When a restriction is satisfied or expires, temporarily restricted net assets are reclassified to unrestricted net assets and reported in the consolidated statement of activities as net assets released from restrictions. Contributions received with donor-imposed restrictions that are met in the same year as contributions are received, are reported as revenues of the unrestricted net asset class.

• Permanently restricted net assets – Net assets subject to donor-imposed stipulations that may be maintained permanently by the Organization. Generally, the donors of these assets permit the Organization to use all or part of the income earned on related investments for general or specific purposes.



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The Organization prepares a consolidated statement of financial position, consolidated statement of activities, and consolidated statement of cash flows as the required financial statements for not-for-profit organizations. The consolidated statements of functional expenses for 2013 and 2012 are also included as a supplement to the required financial statements.

The Organization reports gifts of property and equipment as unrestricted support unless explicit donor stipulations specify how the donated assets must be used. Gifts of long-lived assets with explicit restrictions that specify how the assets are to be used and gifts of cash or other assets that must be used to acquire long-lived assets are reported as temporarily restricted revenue. Absent explicit donor stipulations about how long those long-lived assets must be maintained, the Organization reports expirations of donor restrictions when the donated or acquired long-lived assets are placed in service.

Contributed Goods and Services

Total contributed goods and services for the years ended March 31, 2013 and 2012, were approximately $67,681,000 and $75,740,000, respectively, and primarily relate to local television, radio, and newspaper advertising for the RFTC Series events. Contributed materials and equipment are reported as contributions in the accompanying consolidated financial statements at their estimated fair values at date of receipt. Contributed services are reported in the accompanying consolidated financial statements at the fair value of the services received. The contribution of services is recognized if the services received (a) create or enhance nonfinancial assets or (b) require specialized skills that are provided by individuals possessing those skills that would typically need to be purchased if not provided by donation.



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In addition, the Organization receives services from a large number of volunteers who give significant amounts of their time to the Organization’s programs, fund-raising campaigns, and management. No amounts have been reflected for these types of donated services, as they do not meet the criteria outlined above.

Amounts Per Consolidated

Financial Statements

Value of In-Kind

Contributed Goods and

Services Net Without

In-Kind Year Ended March 31, 2013 Public support and revenue $ 354,447,168 $ 67,681,337 $ 286,765,831 Less:

RFTC Series direct costs (29,244,925) (10,117,445) (19,127,480)Net public support and revenue 325,202,243 57,563,892 267,638,351 Expenses:

Program services 267,350,171 37,035,567 230,314,604 Supporting services 70,128,367 22,043,227 48,085,140

Total expenses 337,478,538 59,078,794 278,399,744 Change in net assets $ (12,276,295) $ (1,514,902) $ (10,761,393) Program services as a % of total expense 79% 63% 83% Year Ended March 31, 2012 Public support and revenue $ 428,896,248 $ 75,740,465 $ 353,155,783 Less:

RFTC Series direct costs (29,931,680) (8,371,526) (21,560,154)Net public support and revenue 398,964,568 67,368,939 331,595,629 Expenses:

Program services 318,281,722 52,288,065 265,993,657 Supporting services 75,183,308 18,912,271 56,271,037

Total expenses 393,465,030 71,200,336 322,264,694 Change in net assets $ 5,499,538 $ (3,831,397) $ 9,330,935 Program services as a % of total expense 81% 73% 83%



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Contributions

Contributions, including unconditional promises to give, are recorded when received or pledged. All contributions are available for unrestricted use unless specifically restricted by the donor. Conditional promises to give are recognized when the conditions on which they depend are substantially met.

Cash and Cash Equivalents

Cash and cash equivalents consist of cash on hand and all highly liquid investments with a remaining maturity of three months or less when purchased.

Investments and Investment Revenue Recognition

Investments in equity securities with readily determinable fair values and all investments in debt securities are reported at fair value.

Investment income includes dividends and interest and is recognized as revenue in the period in which it is earned. The amounts are reported as an increase in unrestricted net assets unless otherwise restricted by the donor. Realized and unrealized gains and losses on investments are classified and recorded as increases or decreases in unrestricted net assets, unless otherwise restricted by the donor.

Property, Equipment, and Identifiable Intangible Assets

Purchased property, equipment, and identifiable intangible assets are carried at cost. Donated property, equipment, and intangible assets are recorded at market value at date of donation. The Organization capitalizes all expenditures for property, equipment, and intangible assets in excess of $10,000, which includes computers, software, office equipment, furniture, fixtures, leasehold improvements, and identifiable intangible assets.



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Property, equipment, and intangible assets are depreciated on a straight-line basis over the following periods:

Furniture and fixtures 5-7 years Equipment 3-5 years Software 3-5 years Leasehold improvements Estimated life of the asset or the lease term

(whichever is shorter) Identifiable intangible assets 3-5 years

Property, equipment, and intangible assets related accumulated depreciation and amortization are as follows:

2013 2012 Equipment $ 4,814,046 $ 4,925,530 Furniture and fixtures 2,648,804 2,664,391 Leasehold improvements 1,255,792 1,283,259 Software 3,211,720 2,980,354 Identifiable intangible assets 2,544,911 2,544,911 Total property, equipment, and intangible assets 14,475,273 14,398,445 Accumulated depreciation and amortization (12,556,357) (11,289,488)Net property, equipment, and intangible assets $ 1,918,916 $ 3,108,957

As of March 31, 2013, accumulated amortization of intangible assets totaled approximately $2,200,000

As of March 31, 2013 and 2012, the estimated aggregate amortization expense for the next five fiscal years is $278,000 and $579,000, respectively.



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Inventories

Inventories are stated at the lower of cost or market determined by the first-in, first-out method. Inventories consist of educational materials and branded merchandise held for use in program services and sales to unrelated parties. Inventories are included in prepaid expenses and other assets in the accompanying consolidated statements of financial position and totaled approximately $555,000 and $649,000 in 2013 and 2012, respectively.

Market and Credit Risk Concentrations

The Organization’s investments do not have a significant concentration of credit or market risk within any industry, specific institution, or group of investments. The Organization splits funds between multiple accounts to manage risk.

Deferred Revenue

Resources received in exchange transactions are recognized as deferred revenue to the extent that the earnings process has not been completed. During the fiscal year, these amounts were made up of entry fees for the 3-Day Series and the RFTC Series events. These resources are recorded as unrestricted revenues when the related obligations have been satisfied.

Functional Allocation of Expenses

The costs of providing the Organization’s various programs and other activities have been summarized on a functional basis. Accordingly, certain costs have been allocated among the programs and supporting services benefited.



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Advertising Expenses

The Organization recorded advertising expense of approximately $74,100,000 and $77,200,000 for the years ended March 31, 2013 and 2012, respectively. The majority of advertising was contributed and is included in marketing and communications in the accompanying consolidated statements of functional expenses. Other advertising costs are incurred as they relate to the 3-Day Series and the RFTC Series events and are included with all advertising costs in the accompanying consolidated statements of functional expense.

Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

Subsequent Events

The Organization defines subsequent events as events or transactions that occur after the consolidated statement of financial position date, but before the consolidated financial statements are issued or available to be issued. Subsequent events are recognized in two categories: recognized subsequent events, which provide additional evidence about conditions that existed at the consolidated statement of financial position date, and nonrecognized subsequent events, which provide evidence about conditions that did not exist as of the consolidated statement of financial position date but arose after that date. Recognized subsequent events are required to be disclosed. Management has evaluated subsequent events through September 26, 2013, which is the date the accompanying consolidated financial statements were available to be issued, and no events have occurred from the consolidated statement of financial position date that would affect the consolidated financial statements.



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2. Fair Value Measurements

At March 31, 2013 and 2012, the Organization’s financial instruments included cash and cash equivalents, receivables, accounts payable, accrued expenses, and grants payable. The carrying amounts reported in the accompanying consolidated statements of financial position for these financial instruments approximate their fair values.

Investments are recorded on a three-level hierarchy for disclosure of fair value measurements. The valuation hierarchy is based on the transparency of inputs to the valuation of an asset or liability as of the measurement date. The three levels are defined as follows:

• Level 1 – Inputs to the valuation methodology are quoted prices for identical assets and liabilities in active markets.

• Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument.

• Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

A financial instrument’s categorization within the valuation hierarchy is based on the lowest level of input that is significant to the fair value measurement. Late in the 2012 fiscal year, the Organization sought to diversify its investments by adding an alternative investment vehicle. This investment consists of a diversified fund of managers who run long/short equity strategies. This change in investment strategy was made in an effort to deliver long-term returns that are competitive with equity investments, but with less volatility. It represents a modest allocation in a diversified portfolio that consists primarily of equity and bond investments, with reduced liquidity.



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2. Fair Value Measurements (continued)

The Organization uses a practical expedient for the estimation of the value of investments that do not have a readily determinable fair value. The practical expedient used by the Organization for its alternative investment is the net asset value (NAV) per share, or its equivalent. Valuations provided by the fund management consider variables such as the financial performance of underlying equity positions, recent sales prices of underlying investments, and other pertinent information. In addition, actual market exchanges at period-end provided additional observable market inputs of the exit price. As such, this investment fund has been classified as a Level 3 investment and as of March 31, 2013, was valued at $10,539,546.

The Organization incurred investment expenses of approximately $283,000 and $284,000 in fiscal years 2013 and 2012, respectively, which are included in professional fees in the accompanying consolidated statements of functional expenses. Investments at March 31, 2013 and 2012, were comprised of the following:

2013 2012 Cost Fair Value Cost Fair Value Domestic equities $ 49,407,254 $ 59,958,429 $ 51,986,039 $ 58,169,002International equities 24,778,298 27,352,017 20,445,823 20,791,965Fixed-income funds 114,129,108 119,774,878 108,119,909 111,777,289Corporate bonds 2,437,791 2,451,246 3,448,619 3,452,852Government bonds 90,000 90,000 320,148 309,894Certificates of

deposit 10,378,321 10,394,117 14,367,844 14,408,375Long/short equity

fund 10,000,000 10,539,546 10,000,000 10,278,030Total $ 211,220,772 $ 230,560,233 $ 208,688,382 $ 219,187,407



1309-1130337 19

2. Fair Value Measurements (continued)

Fair Value Measurements at Reporting Date Using

Balance March 31

2013

Quoted Prices in Active

Markets for Identical

Assets (Level 1)

Significant Other

Observable Inputs

(Level 2)

Significant Unobservable

Inputs (Level 3)

Domestic equities $ 59,958,429 $ 59,958,429 $ – $ – International equities 27,352,017 27,352,017 – – Fixed-income funds 119,774,878 119,774,878 – – Corporate bonds 2,451,246 2,451,246 – – Government bonds 90,000 90,000 – – Certificates of deposit 10,394,117 10,394,117 – – Long/short equity fund(a) 10,539,546 – – 10,539,546

$230,560,233 $220,020,687 $ – $ 10,539,546

(a)The Organization may request to redeem shares as of the last day of any calendar quarter upon at least 65 days’ prior written notice after February 1, 2013.

The change in the fair value of the Organization’s assets valued using significant unobservable inputs (Level 3) is shown below:

Investments Balance March 31, 2012 $ 10,278,030Total net gains 261,516Balance March 31, 2013 $ 10,539,546



1309-1130337 20

3. Receivables

Net receivables were approximately $54,619,000 and $57,917,000 at March 31, 2013 and 2012, respectively. Receivables that are expected to be collected within one year are recorded at net realizable value. Receivables that are expected to be collected in future years are recorded at the present value of their estimated future cash flows. The discounts on those amounts are computed using risk-free interest rates applicable to the years in which the receivables are expected to be satisfied (0.14% to 4.58% at March 31, 2013). The discount as of March 31, 2013 and 2012, was approximately $184,000 and $392,000, respectively. The allowance for doubtful accounts was approximately $3,522,000 and $4,984,000 as of March 31, 2013 and 2012, respectively.

The organization maintains an allowance for doubtful accounts for estimated credit losses resulting from collection risks, including the inability of donors to make required payments under contractual agreements. The allowance for doubtful accounts is reported as a reduction of accounts receivable in the consolidated statements of financial position. The adequacy of this allowance is determined by evaluating historical delinquency and write-off trends, specific known collection risks, historical payment trends, and current economic conditions and the impact of such conditions on the donors’ liquidity and overall financial condition.

Future annual receivables, net, as of March 31, 2013, are as follows:

2014 $ 48,321,113 2015 6,454,475 2016 27,500 Total accounts receivable, net of allowances 54,803,088 Less unamortized discount (184,470)Accounts receivable, net $ 54,618,618

The RFTC Series receivables were approximately $31,956,000 and $32,638,000 at March 31, 2013 and 2012, respectively. These receivables primarily represent promises to give from national and local race sponsors who committed support prior to March 31 each year.

Unconditional promises to give by donors of approximately $22,663,000 and $25,279,000 at March 31, 2013 and 2012, respectively, are expected to be received by the Organization over periods ranging from one to three years, with the majority of the balances due within one year.



1309-1130337 21

4. Grants Payable

As of March 31, 2013 and 2012, the Organization made grants to various medical and cancer centers for research, education, screening, and treatment. These agreements are subject to periodic reporting and compliance requirements and can be rescinded by the Organization for breach. Grants payable in more than one year are discounted to their present values as of March 31, 2013, at rates ranging from 0.14% to 4.58%. The grants payable at March 31, 2013, are scheduled for payment in the following fiscal years:

Year ending March 31: 2014 $ 158,650,631 2015 41,532,799 2016 20,395,802 2017 7,982,239 2018 1,196,180

Total grants payable 229,757,651 Less unamortized discount (1,454,989)Grants payable, net $ 228,302,662

The Organization generally funds its obligations under these arrangements from cash flows from operations and available cash and cash equivalent and investment balances.

5. Net Assets

Temporarily restricted net assets as of March 31, 2013 and 2012, are categorized as follows:

2013 2012 Educational programs $ 1,552,092 $ 3,930,525 Research grants 75,000 505,000 Screening programs 5,636,418 8,796,676 Time restrictions 59,268,384 59,181,435 $ 66,531,894 $ 72,413,636

Permanently restricted net assets represent endowed gifts to be held in perpetuity, with the investment income to be used for breast cancer research fellowships, breast cancer educational programs, and research awards.



1309-1130337 22

6. Joint Costs

The accompanying consolidated statements of activities include joint activities (activities benefiting multiple programs and/or supporting services) that include fund-raising. The joint costs were primarily for the RFTC Series and the 3-Day Series, informational materials, a website that includes fund-raising, and direct mail campaigns. The cost of conducting those joint activities was allocated as follows in fiscal years 2013 and 2012.

2013 2012 Research $ 1,136,502 $ 1,262,953 Public health education 78,224,636 87,911,178 General and administrative 1,619,964 6,131,268 Fund-raising 36,475,473 41,488,553 $ 117,456,575 $ 136,793,952

7. Leases

The Organization has operating lease agreements for office space and electrical costs. Total rent expense was approximately $6,370,000 and $6,170,000 for fiscal years 2013 and 2012, respectively.

Future annual minimum lease payments due under noncancelable operating leases as of March 31, 2013, are as follows:

2014 $ 3,922,523 2015 2,948,010 2016 1,721,900 2017 1,404,219 2018 1,203,672 Thereafter 508,252 Total future annual minimum lease payments $ 11,708,576

Future annual minimum lease payments have not been reduced by minimum sublease rentals of $1,350,000 due in the future under noncancelable subleases.



1309-1130337 23

8. Federal Income Taxes

The Organization is a tax-exempt entity under Section 501(a) of the Code as an organization described in Section 501(c)(3) under a determination letter issued by the Internal Revenue Service (IRS). The Affiliates of the Organization have a separate group determination letter, under the umbrella of the Organization’s exemption, recognizing their exempt status under Section 501(a) of the Code.

Further, the Organization has been classified as an organization that is not a private organization under Section 509(a) of the Code, and as such, contributions to the Organization qualify for deduction as charitable contributions. However, income generated from activities unrelated to the Organization’s exempt purpose is subject to tax under Section 511 of the Code. The Organization did not have any unrelated business income for the years ended March 31, 2013 and 2012. Therefore, no tax liability has been provided in the accompanying consolidated financial statements.

On October 16, 2007, the Organization formed the Alliance, a social welfare organization, under Section 501(a) of the Code. Under Section 501(a), a social welfare organization is not subject to monetary limitations on lobbying expenditures that further its exempt purpose. The Alliance is a tax-exempt entity described in Section 501(c)(4) of the Code under a determination letter issued by the IRS.

The Organization is subject to a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. There were no uncertain tax positions recorded in the consolidated financial statements at March 31, 2013 or 2012.



1309-1130337 24

9. Retirement Plan

The Organization has a defined contribution retirement plan under the provisions of Section 403(b) of the Code (the 403(b) Plan). The Organization can match employee contributions up to 6% of employees’ annual salary. All employees are eligible to make deferrals immediately. However, participants are not eligible to receive the employer matching contribution until after one year of continuous employment. The 403(b) Plan expense was approximately $1,084,000 and $1,050,000 for the years ended March 31, 2013 and 2012, respectively.

The Organization has a nonqualified deferred compensation plan subject to the provisions of Section 457 of the Code (the 457 Plan). The 457 Plan is maintained primarily for certain members of management. Funding is at the discretion of the Board of Directors. In fiscal year 2013, $29,265 was forfeited and no amounts were funded.

1309-1130337


25 1309-1130337


Consolidating Statement of Financial Position by Affiliate

March 31, 2013

Cash and Cash

Equivalents Investments Receivables,

Net

Prepaid Expenses and Other Assets

Property and Equipment,

Net Total Assets

Affiliates: Acadiana $ 341,696 $ – $ 288,167 $ – $ – $ 629,863 Arkansas 491,857 584,366 130,473 1,217 10,885 1,218,798 Aspen 392,538 – 49,346 – – 441,884 Austin 1,697,925 – 101,174 51,500 – 1,850,599 Baton Rouge 676,394 – 68,684 – – 745,078 Bayou Region 176,331 – 30,581 – – 206,912 Boise 434,139 253,277 297,753 – – 985,169 Central & South Jersey 1,621,192 – 206,520 1,689 – 1,829,401 Central Florida 573,959 – 97,645 – 5,750 677,354 Central Georgia 230,353 – 50,320 1,492 – 282,165 Central MS Steel Magnolias 241,824 – 218,115 – – 459,939 Central New Mexico 391,614 – 43,306 25,000 – 459,920 Central New York 710,364 – 122,880 – – 833,244 Central Oklahoma 832,718 – 134,928 2,386 8,234 978,266 Central Texas 210,106 – 117,262 650 – 328,018 Central Valley 357,890 – 15,198 2,190 – 375,278 Central Wisconsin 376,020 – 3,941 648 – 380,609 Charlotte 389,780 1,164,133 348,949 13,102 – 1,915,964 Chattanooga 319,230 – 170,701 2,598 – 492,529

The Susan G. Komen Breast Cancer Foundation, Inc. dba Susan G. Komen for the Cure and Affiliates

Consolidating Statement of Financial Position by Affiliate (continued)

26 1309-1130337

Cash and Cash


Net



Net Total Assets

Affiliates (continued): Chicagoland Area $ 1,747,505 $ 1,260,800 $ 665,756 $ 32,615 $ – $ 3,706,676 Coastal Georgia 548,317 – 227,187 2,346 – 777,850 Colorado Springs 531,599 – 87,625 945 – 620,169 Columbus 2,276,373 – 868,262 11,918 70,893 3,227,446 Connecticut 1,184,800 – 1,439,325 14,889 – 2,639,014 Dallas County 2,123,181 749,610 239,754 1,000 5,721 3,119,266 Denver Metropolitan 2,898,760 899,575 1,516,406 32,772 1,040 5,348,553 Des Moines 982,239 – 42,265 – – 1,024,504 Eastern Washington 404,369 250,612 172,353 1,460 – 828,794 El Paso 442,982 – 196,578 – – 639,560 Elmira 235,016 – 86,441 308 – 321,765 Florida Suncoast 757,536 519,211 87,999 – – 1,364,746 Grand Rapids 333,182 – 129,745 2,990 – 465,917 Greater Amarillo 366,439 – 668 – – 367,107 Greater Atlanta 2,488,932 – 1,204,440 – – 3,693,372 Greater Cincinnati 1,451,652 – 88,293 – – 1,539,945 Greater Evansville 705,422 – 107,152 – – 812,574 Greater Kansas City 928,738 400,512 226,948 – – 1,556,198 Greater Lansing 816,488 – 124,481 – – 940,969



27 1309-1130337

Cash and Cash


Net



Net Total Assets

Affiliates (continued): Greater Nashville $ 1,102,022 $ – $ 157,842 $ 1,695 $ 8,497 $ 1,270,056 Greater New York City 5,142,525 – 236,567 464,727 111,465 5,955,284 Greater Richmond 574,909 – 397,047 – – 971,956 Greater Roanoke 657,562 – 181,239 52,033 – 890,834 Hawaii 587,842 – 12,225 900 – 600,967 Houston 2,839,266 1,227,671 90,005 7,968 27,277 4,192,187 Indianapolis 1,998,334 2,291 472,270 – – 2,472,895 Inland Empire 826,702 – 74,061 5,602 – 906,365 Knoxville 408,626 424,984 126,577 – – 960,187 Las Vegas 1,050,736 – 523,066 – – 1,573,802 Lexington 252,176 249,938 122,031 4,239 – 628,384 Los Angeles County 940,009 15,403 204,186 – – 1,159,598 Louisville 827,711 – 78,478 4,182 – 910,371 Lowcountry (Charleston) 823,560 – 252,424 4,224 – 1,080,208 Lubbock Area 385,681 – 64,666 4,218 11,116 465,681 Madison 620,332 254,766 389,673 – – 1,264,771 Maine 427,749 – 155,566 1,755 – 585,070 Maryland 1,938,329 – 463,952 – – 2,402,281 Massachusetts 915,607 – 122,273 26,389 446 1,064,715



28 1309-1130337

Cash and Cash


Net



Net Total Assets

Affiliates (continued): Memphis Mid-South $ 948,550 $ – $ 71,051 $ – $ 11,121 $ 1,030,722 Miami-Ft. Lauderdale 1,920,011 – 93,459 4,425 – 2,017,895 Mid-Kansas 802,856 – 278,838 719 – 1,082,413 Mid-Missouri 54,504 104,636 53,888 4,914 – 217,942 Milwaukee 1,942,404 – 114,068 12,972 10,065 2,079,509 Minnesota 2,013,908 – 893,153 – – 2,907,061 Montana 207,411 – 147,068 1,772 – 356,251 NC Foothills 181,667 – 49,644 – – 231,311 NC Triad 1,037,574 240,460 471,635 385 14,225 1,764,279 NC Triangle 680,767 704,077 800,383 15,087 1,868 2,202,182 Nebraska 1,098,922 – 128,948 – – 1,227,870 New Orleans 645,267 – 69,320 4,321 – 718,908 North Central Alabama 880,012 – 100,785 – – 980,797 North Dakota – – – – – – North Florida 352,010 – 68,159 5,997 – 426,166 North Jersey 1,420,791 – 577,934 33,435 39,836 2,071,996 North Mississippi 255,625 – 18,322 – – 273,947 North Texas 1,078,161 97,827 507,475 3,927 – 1,687,390 Northeast Louisiana 274,308 – 38,622 4,755 – 317,685



29 1309-1130337

Cash and Cash


Net



Net Total Assets

Affiliates (continued): Northeast Ohio $ 1,704,513 $ – $ 77,183 $ – $ – $ 1,781,696 Northeast Pennsylvania 212,585 – 46,005 950 – 259,540 Northeastern New York 287,952 – 54,068 482 – 342,502 Northern Indiana 69,490 – 133,420 607 – 203,517 Northern Nevada 376,067 – 52,574 4,827 – 433,468 Northwest Ohio 538,538 513,337 111,926 9,500 – 1,173,301 Orange County 2,714,513 252,730 515,713 56,210 – 3,539,166 Oregon & SW Washington 2,678,236 – 905,103 23,938 – 3,607,277 Ozark 444,780 843,919 397,616 – – 1,686,315 Peoria Memorial 738,519 528,097 392,814 12,852 28,457 1,700,739 Philadelphia 4,656,444 – 2,580,439 34,018 7,000 7,277,901 Phoenix 1,652,744 700,780 264,901 2,800 – 2,621,225 Pittsburgh 828,768 1,227,931 542,294 45,866 – 2,644,859 Puget Sound 3,049,384 – 1,162,926 9,000 12,000 4,233,310 Quad Cities 406,863 – 375,859 400 – 783,122 Sacramento Valley 1,423,768 – 638,124 – 10,000 2,071,892 Salt Lake City 704,830 – 248,265 8,351 – 961,446 San Antonio 1,531,782 – 417,529 – – 1,949,311 San Diego 1,840,805 – 70,799 8,083 – 1,919,687



30 1309-1130337

Cash and Cash


Net



Net Total Assets

Affiliates (continued): San Francisco Bay Area $ 981,516 $ – $ 335,114 $ 3,639 $ – $ 1,320,269 Shreveport-Bossier City 363,833 – 64,924 1,350 – 430,107 Siouxland 235,080 – 87,563 1,840 – 324,483 South Dakota 298,475 – 152,968 – – 451,443 South Florida 1,383,192 – 400,640 4,578 – 1,788,410 Southeast Iowa 156,647 53,645 84,784 – – 295,076 Southern Arizona 686,526 – 64,353 6,465 – 757,344 Southwest Florida 1,097,347 – 122,625 7,025 – 1,226,997 Southwest Michigan 267,097 – 139,396 600 – 407,093 St. Louis 2,803,552 – 395,489 700 – 3,199,741 Tarrant County 1,380,370 – 377,233 – – 1,757,603 Texarkana 219,551 185,739 58,118 – – 463,408 Tidewater 564,497 271,641 85,138 4,398 – 925,674 Tri Cities 437,251 – 63,053 2,827 – 503,131 Tulsa 710,337 – 77,672 1,633 – 789,642 Tyler 349,545 – 72,257 – – 421,802 Upper Cumberland 132,423 – 62,578 1,000 – 196,001 Upstate South Carolina 400,927 105,342 79,624 – – 585,893 Vermont-New Hampshire 503,933 – 219,533 – – 723,466



31 1309-1130337

Cash and Cash


Net



Net Total Assets

Affiliates (continued): Wabash Valley $ 135,917 $ – $ 39,495 $ 1,146 $ 7,000 $ 183,558 West Virginia 483,865 – 139,126 4,080 – 627,071 Western New York 505,042 – 368,906 4,513 – 878,461 Wichita Falls 153,882 – 17,973 – – 171,855 Wyoming 415,741 – 175,761 1,667 – 593,169 Total Affiliates 110,331,013 14,087,310 31,286,402 1,139,701 402,896 157,247,322 Headquarters total 28,521,252 216,472,923 45,966,211 2,212,383 1,516,020 294,688,789 Eliminations – – 22,633,995 – – 22,633,995 Consolidated total $ 138,852,265 $ 230,560,233 $ 54,618,618 $ 3,352,084 $ 1,918,916 $ 429,302,116



32 1309-1130337

Accounts Payable and

Accrued Expenses

Deferred Revenue and

Rent Grants Payable

Intercompany Payables

Total Liabilities

Total Net Assets

Total Liabilities and

Net Assets Affiliates:

Acadiana $ 8,654 $ – $ 394,921 $ 76,887 $ 480,462 $ 149,401 $ 629,863 Arkansas 2,553 2,080 560,070 55,580 620,283 598,515 1,218,798 Aspen 2,256 716 255,199 444 258,615 183,269 441,884 Austin 33,227 5,750 713,408 347,717 1,100,102 750,497 1,850,599 Baton Rouge 9,963 – 329,675 138,694 478,332 266,746 745,078 Bayou Region – – 180,798 11,008 191,806 15,106 206,912 Boise 25,075 93,135 286,386 28,468 433,064 552,105 985,169 Central & South Jersey 19,520 – 1,106,424 142,598 1,268,542 560,859 1,829,401 Central Florida 4,711 – 344,000 39,172 387,883 289,471 677,354 Central Georgia 2,991 – 151,750 10,516 165,257 116,908 282,165 Central MS Steel Magnolias 4,423 11,284 170,122 42,787 228,616 231,323 459,939 Central New Mexico 4,025 – 169,410 101,127 274,562 185,358 459,920 Central New York 7,928 21,507 351,779 89,059 470,273 362,971 833,244 Central Oklahoma 16,650 10,695 305,906 195,718 528,969 449,297 978,266 Central Texas 1,341 – 118,340 44,625 164,306 163,712 328,018 Central Valley 4,268 125 174,994 21,186 200,573 174,705 375,278 Central Wisconsin – – 291,325 15,608 306,933 73,676 380,609 Charlotte 37,139 – 1,189,044 120,661 1,346,844 569,120 1,915,964 Chattanooga 5,210 – 259,267 49,444 313,921 178,608 492,529 Chicagoland Area 63,727 41,915 1,475,000 154,899 1,735,541 1,971,135 3,706,676 Coastal Georgia 779 79,630 344,942 76,043 501,394 276,456 777,850



33 1309-1130337


Accrued Expenses


Rent Grants Payable


Total Liabilities

Total Net Assets


Net Assets Affiliates (continued):

Colorado Springs $ 2,411 $ – $ 317,476 $ 25,760 $ 345,647 $ 274,522 $ 620,169 Columbus 24,166 89,274 1,466,773 122,317 1,702,530 1,524,916 3,227,446 Connecticut 13,863 28,768 759,999 109,300 911,930 1,727,084 2,639,014 Dallas County 24,162 4,870 1,879,950 121,810 2,030,792 1,088,474 3,119,266 Denver Metropolitan 70,884 – 2,166,731 187,523 2,425,138 2,923,415 5,348,553 Des Moines 4,763 – 613,203 31,018 648,984 375,520 1,024,504 Eastern Washington 4,019 62,115 423,886 50,278 540,298 288,496 828,794 El Paso 6,897 – 259,937 92,844 359,678 279,882 639,560 Elmira 6,204 10,078 151,500 12,615 180,397 141,368 321,765 Florida Suncoast 2,315 – 937,310 40,260 979,885 384,861 1,364,746 Grand Rapids 15,166 – 236,608 8,333 260,107 205,810 465,917 Greater Amarillo 5,644 – 223,567 13,616 242,827 124,280 367,107 Greater Atlanta 14,742 52,365 1,920,940 458,683 2,446,730 1,246,642 3,693,372 Greater Cincinnati 31,300 – 809,053 343,097 1,183,450 356,495 1,539,945 Greater Evansville 8,415 – 522,611 35,328 566,354 246,220 812,574 Greater Kansas City 12,259 3,570 959,901 85,320 1,061,050 495,148 1,556,198 Greater Lansing 29,703 27,591 290,425 36,893 384,612 556,357 940,969 Greater Nashville 5,823 4,808 436,983 235,884 683,498 586,558 1,270,056 Greater New York City 123,210 14,800 2,171,060 78,699 2,387,769 3,567,515 5,955,284 Greater Richmond 8,326 37,020 267,751 73,203 386,300 585,656 971,956 Greater Roanoke 6,910 40,193 361,000 64,344 472,447 418,387 890,834



34 1309-1130337


Accrued Expenses


Rent Grants Payable


Total Liabilities

Total Net Assets



Hawaii $ 1,393 $ – $ 391,474 $ 28,398 $ 421,265 $ 179,702 $ 600,967 Houston 14,001 – 2,956,750 2,169 2,972,920 1,219,267 4,192,187 Indianapolis 81,656 218,715 1,324,801 158,784 1,783,956 688,939 2,472,895 Inland Empire 12,060 – 561,490 21,213 594,763 311,602 906,365 Knoxville 5,991 – 476,744 37,655 520,390 439,797 960,187 Las Vegas 12,539 39,695 663,919 53,830 769,983 803,819 1,573,802 Lexington 2,775 152 354,223 23,147 380,297 248,087 628,384 Los Angeles County 74,681 – 295,203 181,006 550,890 608,708 1,159,598 Louisville 7,423 – 565,000 28,078 600,501 309,870 910,371 Lowcountry (Charleston) 5,441 1,249 524,614 26,394 557,698 522,510 1,080,208 Lubbock Area 5,350 300 190,782 25,577 222,009 243,672 465,681 Madison 6,777 10,982 553,350 43,759 614,868 649,903 1,264,771 Maine 2,442 – 264,885 37,787 305,114 279,956 585,070 Maryland 16,858 58,540 864,692 88,750 1,028,840 1,373,441 2,402,281 Massachusetts 21,459 10,925 471,969 157,906 662,259 402,456 1,064,715 Memphis Mid-South 8,877 – 680,000 25,438 714,315 316,407 1,030,722 Miami-Ft. Lauderdale 12,725 – 1,144,607 350,508 1,507,840 510,055 2,017,895 Mid-Kansas 9,962 13,480 486,855 95,803 606,100 476,313 1,082,413 Mid-Missouri 3,329 1,445 72,287 6,806 83,867 134,075 217,942 Milwaukee 5,239 29 930,546 22,256 958,070 1,121,439 2,079,509 Minnesota 68,607 21,341 1,429,264 113,984 1,633,196 1,273,865 2,907,061



35 1309-1130337


Accrued Expenses


Rent Grants Payable


Total Liabilities

Total Net Assets



Montana $ 8,890 $ 17,211 $ 81,280 $ 13,764 $ 121,145 $ 235,106 $ 356,251 NC Foothills 2,149 – 200,000 6,867 209,016 22,295 231,311 NC Triad 7,271 47,525 587,500 193,945 836,241 928,038 1,764,279 NC Triangle 67,646 13,740 891,289 112,289 1,084,964 1,117,218 2,202,182 Nebraska 12,269 – 638,969 54,619 705,857 522,013 1,227,870 New Orleans 12,515 1,200 482,500 10,355 506,570 212,338 718,908 North Central Alabama 10,093 – 542,515 16,470 569,078 411,719 980,797 North Dakota – – – – – – – North Florida 8,192 203 174,558 26,433 209,386 216,780 426,166 North Jersey 66,227 48,895 765,957 197,773 1,078,852 993,144 2,071,996 North Mississippi 1,587 – 187,009 8,692 197,288 76,659 273,947 North Texas 16,248 18,790 700,000 119,448 854,486 832,904 1,687,390 Northeast Louisiana 758 – 204,224 7,491 212,473 105,212 317,685 Northeast Ohio 28,768 – 916,959 33,505 979,232 802,464 1,781,696 Northeast Pennsylvania 6,780 – 145,763 42,615 195,158 64,382 259,540 Northeastern New York 2,738 950 223,385 9,651 236,724 105,778 342,502 Northern Indiana 6,588 1,255 7,500 34,042 49,385 154,132 203,517 Northern Nevada 6,407 – 315,195 9,888 331,490 101,978 433,468 Northwest Ohio 5,313 4,635 642,843 68,802 721,593 451,708 1,173,301 Orange County 44,311 34,300 1,022,969 158,111 1,259,691 2,279,475 3,539,166 Oregon & SW Washington 79,620 20,485 890,000 386,196 1,376,301 2,230,976 3,607,277



36 1309-1130337


Accrued Expenses


Rent Grants Payable


Total Liabilities

Total Net Assets



Ozark $ 4,463 $ 50,888 $ 747,499 $ 40,875 $ 843,725 $ 842,590 $ 1,686,315 Peoria Memorial 25,952 33,130 654,341 52,950 766,373 934,366 1,700,739 Philadelphia 114,865 193,587 1,831,395 82,552 2,222,399 5,055,502 7,277,901 Phoenix 32,015 – 1,269,627 62,997 1,364,639 1,256,586 2,621,225 Pittsburgh 37,900 83,775 727,688 196,637 1,046,000 1,598,859 2,644,859 Puget Sound 35,179 55,710 1,668,550 357,434 2,116,873 2,116,437 4,233,310 Quad Cities 2,430 4,337 320,491 41,061 368,319 414,803 783,122 Sacramento Valley 31,108 55,735 769,743 45,824 902,410 1,169,482 2,071,892 Salt Lake City 21,286 30,006 481,516 25,752 558,560 402,886 961,446 San Antonio 19,522 307,955 750,000 97,184 1,174,661 774,650 1,949,311 San Diego 10,448 – 1,017,834 41,254 1,069,536 850,151 1,919,687 San Francisco Bay Area 9,227 – 598,871 70,606 678,704 641,565 1,320,269 Shreveport-Bossier City 2,649 – 277,403 11,192 291,244 138,863 430,107 Siouxland 4,018 5,090 143,000 16,975 169,083 155,400 324,483 South Dakota 3,681 – 232,339 13,608 249,628 201,815 451,443 South Florida 43,584 – 1,136,823 17,583 1,197,990 590,420 1,788,410 Southeast Iowa 5,447 1,643 161,418 10,911 179,419 115,657 295,076 Southern Arizona 62,227 – 219,004 121,557 402,788 354,556 757,344 Southwest Florida 45,051 – 678,534 209,061 932,646 294,351 1,226,997 Southwest Michigan 7,677 12,095 238,221 27,252 285,245 121,848 407,093 St. Louis 9,388 53,535 2,279,496 126,967 2,469,386 730,355 3,199,741



37 1309-1130337


Accrued Expenses


Rent Grants PayableIntercompany

Payables Total LiabilitiesTotal Net

Assets



Tarrant County $ 45,623 $ 165,111 $ 477,737 $ 212,976 $ 901,447 $ 856,156 $ 1,757,603 Texarkana 1,829 1,050 314,683 5,246 322,808 140,600 463,408 Tidewater 33,315 665 633,994 12,070 680,044 245,630 925,674 Tri Cities 1,037 630 268,655 19,878 290,200 212,931 503,131 Tulsa 4,410 5,270 446,624 5,370 461,674 327,968 789,642 Tyler 5,022 4,975 260,498 30,761 301,256 120,546 421,802 Upper Cumberland 4,300 – 112,724 10,125 127,149 68,852 196,001 Upstate South Carolina 3,887 58 348,162 39,939 392,046 193,847 585,893 Vermont-New Hampshire 3,114 5,114 515,376 40,139 563,743 159,723 723,466 Wabash Valley 4,132 – 80,200 1,698 86,030 97,528 183,558 West Virginia 11,540 20,891 287,433 45,605 365,469 261,602 627,071 Western New York 9,038 17,289 269,499 41,039 336,865 541,596 878,461 Wichita Falls – – 155,500 1,716 157,216 14,639 171,855 Wyoming 3,280 1,560 196,525 14,590 215,955 377,214 593,169

Total affiliates 2,108,221 2,338,430 71,744,697 9,180,954 85,372,302 71,875,020 157,247,322 Headquarters total 8,628,870 1,481,552 156,557,965 13,453,041 180,121,428 114,567,361 294,688,789 Eliminations – – – (22,633,995) (22,633,995) – (22,633,995)Consolidated total $ 10,737,091 $ 3,819,982 $ 228,302,662 $ – $ 242,859,735 $ 186,442,381 $ 429,302,116

38 1309-1130337


Consolidating Schedule of Revenue by Affiliate


Affiliate Name Contributions Race for the

Cure Direct Benefits Other

Fundraising

Interest, Dividends, and

Gains Other Total Net Revenue

Acadiana $ 30,010 $ 561,229 $ (35,963) $ 8,716 $ 327 $ 278,992 $ 843,311 Arkansas 422,778 2,662,057 (286,070) 72,525 2,835 47,500 2,921,625 Aspen 264,846 190,319 (17,036) 3,483 493 47,500 489,605 Austin 750,623 1,945,013 (207,460) – 2,290 47,500 2,537,966 Baton Rouge 230,880 786,908 (80,412) 3,247 377 49,000 990,000 Bayou Region 69,640 149,521 (21,268) 3,887 – 19,500 221,280 Boise 140,748 1,089,891 (119,285) 10,083 7,275 70,468 1,199,180 Central & South Jersey 1,084,988 2,088,416 (127,148) 7,794 2,034 47,500 3,103,584 Central Florida 323,880 1,310,986 (76,735) (825) 358 20,500 1,578,164 Central Georgia 95,514 286,633 (23,354) 6,460 617 35,481 401,351 Central MS Steel

Magnolias 155,383 360,289 (24,684) 1,743 102 47,500 540,333 Central New Mexico 231,703 536,603 (29,218) 2,594 633 48,500 790,815 Central New York 336,333 670,532 (30,102) 11,098 1,159 23,107 1,012,127 Central Oklahoma 256,413 1,187,122 (197,874) 2,932 2,254 2,500 1,253,347 Central Texas 80,779 351,039 (48,468) 3,929 110 19,394 406,783 Central Valley 174,961 385,996 (35,226) 6,930 511 3,475 536,647 Central Wisconsin 78,564 346,846 (38,706) 3,713 2,263 2,500 395,180 Charlotte 763,896 1,800,011 (172,973) 11,148 1,353 83,516 2,486,951 Chattanooga 193,965 678,754 (66,814) 5,914 25 47,500 859,344 Chicagoland Area 1,586,508 2,922,262 (159,091) – 5,736 47,500 4,402,915 Coastal Georgia 150,851 613,088 (41,871) 9,641 1,545 46,204 779,458


Consolidating Schedule of Revenue by Affiliate (continued)

39 1309-1130337



Fundraising



Colorado Springs $ 263,724 $ 622,186 $ (105,862) $ 13,481 $ 904 $ 49,000 $ 843,433 Columbus 569,998 3,174,700 (265,849) – 3,403 47,500 3,529,752 Connecticut 863,897 3,217,828 (74,789) 17,329 96 47,500 4,071,861 Dallas County 697,339 3,271,212 (203,569) – 5,420 46,000 3,816,402 Denver Metropolitan 2,079,728 5,404,957 (601,070) – 55,469 82,397 7,021,481 Des Moines 196,855 1,203,368 (98,053) – 2,554 2,500 1,307,224 Eastern Washington 147,420 583,984 (85,595) 12,607 2,403 48,500 709,319 El Paso 277,762 812,650 (90,415) 2,200 11 74,073 1,076,281 Elmira 72,463 209,689 (24,235) 8,270 201 47,500 313,888 Florida Suncoast 489,156 726,446 (83,041) 8,239 13,028 47,500 1,201,328 Grand Rapids 180,813 413,420 (45,338) 4,821 1,246 49,000 603,962 Greater Amarillo 78,903 440,096 (28,186) 8,232 798 3,500 503,343 Greater Atlanta 1,949,814 1,448,397 (64,353) 1,443 – 47,500 3,382,801 Greater Cincinnati 726,730 1,248,898 (183,825) – 5,186 47,500 1,844,489 Greater Evansville 329,621 1,092,281 (106,990) 37,220 1,312 31,068 1,384,512 Greater Kansas City 751,315 1,565,225 (113,580) – 1,757 47,939 2,252,656 Greater Lansing 516,268 416,598 (89,823) – 342 32,922 876,307 Greater Nashville 302,576 1,293,928 (84,380) 1,765 1,373 34,448 1,549,710 Greater New York City 1,355,546 6,830,322 (367,455) – 4,382 26,595 7,849,390 Greater Richmond 432,459 812,523 (48,112) 8,646 2,087 45,749 1,253,352 Greater Roanoke 311,922 367,802 (32,795) 7,580 267 47,500 702,276 Hawaii 273,127 709,398 (93,841) 17,256 372 2,500 908,812 Houston 1,307,577 4,545,550 (444,216) – 7,265 2,500 5,418,676



40 1309-1130337



Fundraising



Indianapolis $ 687,216 $ 2,367,572 $ (202,392) $ – $ 3,654 $ 40,120 $ 2,896,170 Inland Empire 276,405 1,788,272 (258,506) 13,038 6,463 47,500 1,873,172 Knoxville 288,428 978,546 (68,830) 427 1,459 49,000 1,249,030 Las Vegas 457,578 1,317,230 (92,853) 16,000 1,852 9,000 1,708,807 Lexington 445,272 643,612 (122,804) 12,287 1,088 60,126 1,039,581 Los Angeles County 667,865 1,165,526 (269,419) 9,818 144 47,652 1,621,586 Louisville 421,458 779,474 (146,509) 37,366 2,175 47,500 1,141,464 Lowcountry (Charleston) 281,634 1,301,992 (138,186) 14,714 1,130 47,500 1,508,784 Lubbock Area 200,729 570,884 (81,411) 15,135 794 25,342 731,473 Madison 300,024 888,915 (81,607) 17,403 2,433 39,500 1,166,668 Maine 186,978 531,518 (70,432) 17,082 373 49,000 714,519 Maryland 706,853 4,003,005 (304,862) – 2,718 47,500 4,455,214 Massachusetts 762,129 886,429 (44,608) 3,153 3,015 31,000 1,641,118 Memphis Mid-South 237,383 1,323,409 (124,359) – – 47,500 1,483,933 Miami-Ft. Lauderdale 424,877 1,769,465 (67,909) – 1,190 47,500 2,175,123 Mid-Kansas 207,524 1,070,232 (76,490) 18,807 2,354 49,000 1,271,427 Mid-Missouri 65,830 532,525 (23,394) 3,616 68 4,990 583,635 Milwaukee 326,055 1,615,988 (152,160) 10,671 – 47,500 1,848,054 Minnesota 872,295 2,892,653 (315,953) 31,690 863 47,500 3,529,048 Montana 68,757 286,896 (27,836) 12,165 378 68,111 408,471 NC Foothills 60,328 200,473 (7,992) 4,289 92 34,070 291,260 NC Triad 743,615 1,157,807 (105,487) 4,604 20,572 33,741 1,854,852



41 1309-1130337



Fundraising



NC Triangle $ 495,792 $ 1,926,747 $ (173,689) $ 6,435 $ 897 $ 47,500 $ 2,303,682 Nebraska 359,542 1,514,395 (101,193) 2,705 1,622 49,000 1,826,071 New Orleans 279,741 735,723 (98,136) 10,207 208 47,500 975,243 North Central Alabama 194,691 1,434,225 (59,575) – 1,635 79,231 1,650,207 North Dakota 5,269 – – – 282 2,500 8,051 North Florida 180,546 489,643 (50,007) 2,919 172 47,500 670,773 North Jersey 748,535 1,537,204 (77,781) 9,741 2,024 47,500 2,267,223 North Mississippi 86,816 269,045 (19,994) 2,197 329 4,195 342,588 North Texas 585,491 1,506,652 (147,990) 12,729 481 46,000 2,003,363 Northeast Louisiana 82,928 381,950 (45,938) 8,110 – 20,529 447,579 Northeast Ohio 981,505 1,590,474 (146,060) – 941 49,500 2,476,360 Northeast Pennsylvania 260,098 432,854 (71,335) 1,025 162 32,594 655,398 Northeastern New York 133,484 359,387 (35,142) 8,523 1,539 33,303 501,094 Northern Indiana 129,154 174,182 (18,741) 10,615 26 49,000 344,236 Northern Nevada 137,225 432,589 (77,209) 20,633 409 48,015 561,662 Northwest Ohio 460,947 1,157,635 (134,086) 7,012 2,516 49,500 1,543,524 Orange County 1,330,518 3,104,494 (249,428) 11,802 30,782 47,500 4,275,668 Oregon & SW

Washington 876,394 3,107,576 (300,949) 34,493 3,232 47,500 3,768,246 Ozark 558,338 1,144,023 (130,108) – 1,685 32,000 1,605,938 Peoria Memorial 509,699 1,349,332 (83,387) 24,458 1,809 47,500 1,849,411 Philadelphia 1,888,910 5,113,777 (832,903) 34,371 1,462 46,477 6,252,094



42 1309-1130337



Fundraising



Phoenix $ 1,231,511 $ 2,320,691 $ (111,193) $ – $ 610 $ 47,500 $ 3,489,119 Pittsburgh 935,846 2,268,713 (341,866) – 15,994 47,500 2,926,187 Puget Sound 2,352,111 1,622,533 (203,484) 12,672 6,534 47,500 3,837,866 Quad Cities 132,068 644,464 (34,526) 12,229 159 40,343 794,737 Sacramento Valley 381,020 1,970,075 (183,733) 9,862 54 47,500 2,224,778 Salt Lake City 197,166 951,862 (177,654) 20,587 1,493 47,500 1,040,954 San Antonio 306,724 1,837,506 (126,849) – 2,134 49,500 2,069,015 San Diego 818,408 2,318,473 (156,307) – 3,967 47,500 3,032,041 San Francisco Bay Area 749,372 414,011 (46,953) 2,709 995 6,372 1,126,506 Shreveport-Bossier City 166,744 407,992 (32,941) 5,168 34 47,500 594,497 Siouxland 65,996 271,264 (34,906) 7,709 104 4,500 314,667 South Dakota 69,618 528,430 (36,516) 3,435 949 48,000 613,916 South Florida 741,078 2,069,271 (304,614) 2,693 701 49,520 2,558,649 Southeast Iowa 7,515 200,844 (20,569) 1,664 7,211 2,500 199,165 Southern Arizona 301,198 898,178 (60,127) 9,598 725 47,500 1,197,072 Southwest Florida 506,162 1,021,272 (57,502) 11,586 1,815 19,500 1,502,833 Southwest Michigan 118,351 279,310 (27,344) 8,072 276 49,500 428,165 St. Louis 854,103 2,729,453 (141,226) 9,395 3,525 47,500 3,502,750 Tarrant County 570,195 1,545,746 (102,247) 660 2,096 60,489 2,076,939 Texarkana 72,205 665,179 (70,488) 130 2,428 47,500 716,954 Tidewater 284,750 1,154,045 (69,013) 26,554 618 47,500 1,444,454



43 1309-1130337



Fundraising



Tri Cities $ 193,926 $ 542,955 $ (59,703) $ 4,906 $ 1,534 $ 22,821 $ 706,439 Tulsa 122,976 1,133,388 (73,945) 12,870 817 47,500 1,243,606 Tyler 100,712 351,549 (11,915) 2,656 468 21,000 464,470 Upper Cumberland 148,534 163,723 (38,708) 4,411 202 47,500 325,662 Upstate South Carolina 238,641 959,426 (300,744) 3,701 939 42,123 944,086 Vermont-New

Hampshire 284,255 544,218 (37,637) 3,584 305 44,000 838,725 Wabash Valley 74,536 163,017 (26,835) 7,480 178 20,000 238,376 West Virginia 198,951 423,554 (25,480) 4,823 105 49,000 650,953 Western New York 214,701 824,335 (45,299) 16,850 1,108 32,116 1,043,811 Wichita Falls 2,303 222,835 (13,286) 5,812 145 19,500 237,309 Wyoming 145,392 441,838 (21,692) 2,173 343 250,000 818,054 Total Affiliates 53,160,200 149,059,453 (13,808,082) 988,330 305,767 5,190,108 194,895,776 Headquarters total 100,922,098 58,954,860 (15,436,843) 557,685 16,171,338 2,254,417 163,423,555 Eliminations (25,964,111) – – – (41,723) (7,111,254) (33,117,088)Consolidated total $ 128,118,187 $ 208,014,313 $ (29,244,925) $ 1,546,015 $ 16,435,382 $ 333,271 $ 325,202,243

44 1309-1130337


Consolidating Statement of Functional Expense by Affiliate


Program Services Supporting Services

Affiliate Name Research

Public Health

Education


Treatment Services

Fundraising Costs

Employee Cost Occupancy

Postage and Shipping

Printing and Publications

Professional Fees Other

Total Expenses

Acadiana $ 74,072 $ 307,422 $ 524,792 $ 64,727 $ 61,519 $ 14,196 $ 5,368 $ 145 $ 213 $ – $ 5,558 $ 1,058,012 Arkansas 422,077 1,020,938 895,993 177,656 362,791 19,606 6,381 1,481 – 250 4,869 2,912,042 Aspen 48,865 167,554 181,317 14,424 130,425 23,123 2,825 518 583 942 4,257 574,833 Austin 347,440 1,106,407 295,159 463,484 336,296 43,647 28,512 107 2,708 41,489 11,981 2,677,230 Baton Rouge 132,120 373,776 241,450 35,414 158,344 25,203 7,332 180 170 5,568 4,235 983,792 Bayou Region 39,485 44,582 105,775 50,544 8,729 1,091 – – 1,731 860 871 253,668 Boise 124,642 447,197 293,704 39,471 140,215 43,504 12,387 488 485 2,380 125,285 1,229,758 Central & South

Jersey 443,924 1,516,950 725,041 7,856 283,225 180,439 25,978 3,562 7,461 380 37,799 3,232,615 Central Florida 136,460 812,796 316,221 25,360 268,483 15,058 23,049 142 687 5,785 8,976 1,613,017 Central Georgia 60,347 184,462 125,557 – 32,779 11,286 2,073 39 1,421 124 698 418,786 Central MS Steel

Magnolias 72,827 233,696 126,566 13,696 38,105 15,362 719 13 – – 1,119 502,103 Central New Mexico 91,665 368,518 93,955 61,850 101,762 29,874 7,226 128 214 1,810 5,206 762,208 Central New York 171,488 506,970 166,132 52,521 59,092 28,946 19,380 1,649 49 – 3,966 1,010,193 Central Oklahoma 201,378 590,928 205,705 2,673 115,713 46,432 13,664 813 414 – 7,230 1,184,950 Central Texas 41,508 152,368 125,326 1,834 52,002 11,328 48,106 388 – – 3,417 436,277 Central Valley 87,202 202,788 27,444 74,765 37,315 29,115 3,714 104 573 50 4,659 467,729 Central Wisconsin 53,710 189,531 85,765 14,724 43,422 1,019 8,116 – 367 – 2,144 398,798 Charlotte 417,749 773,644 2,015,475 265,008 139,243 194,642 37,350 1,558 1,392 20,520 28,056 3,894,637 Chattanooga 100,982 358,280 199,581 6,569 108,231 8,547 6,857 – 1,214 368 1,469 792,098 Chicagoland Area 384,371 2,216,226 685,767 241,588 463,505 359,978 65,361 1,874 11,480 24,604 26,475 4,481,229 Coastal Georgia 117,417 213,396 273,175 10,570 50,760 28,389 10,171 327 1,150 167 4,374 709,896 Colorado Springs 101,646 321,871 248,884 67,606 174,258 34,561 7,051 914 8 2,310 4,764 963,873 Columbus 572,358 952,189 1,174,633 94,569 382,697 72,177 44,233 1,154 299 4,506 2,678 3,301,493 Connecticut 320,474 1,944,023 908,690 22,937 351,213 133,440 51,735 583 1,282 505 8,156 3,743,038 Dallas County 589,705 1,078,450 1,236,172 569,993 384,890 52,591 29,427 450 9,426 2,778 33,687 3,987,569 Denver Metropolitan 875,575 2,277,061 1,515,541 706,375 1,038,508 76,630 7,619 108 227 11,955 4,162 6,513,761 Des Moines 194,134 426,402 475,273 43,987 116,499 50,091 5,062 175 – 1,298 10,055 1,322,976


Consolidating Statement of Functional Expense by Affiliate (continued)

45 1309-1130337


Affiliate Name Research Public Health

Education


Treatment Services

Fundraising Costs





Total Expenses

Eastern Washington $ 113,868 $ 175,614 $ 245,593 $ 82,992 $ 51,413 $ 43,050 $ 5,045 $ 339 $ 225 $ 257 $ 622 $ 719,018 El Paso 92,844 457,124 105,284 125,721 149,583 31,762 11,963 381 203 – 2,544 977,409 Elmira 47,157 72,936 78,644 69,100 17,874 7,098 4,259 455 409 – 1,718 299,650 Florida Suncoast 113,594 356,991 858,549 – 118,342 46,519 8,757 751 562 1,816 6,616 1,512,497 Grand Rapids 80,416 298,762 195,427 3,861 75,391 38,453 40,919 528 194 1,346 7,560 742,857 Greater Amarillo 88,915 166,748 204,010 2,743 48,618 2,356 10,506 136 187 85 4,089 528,393 Greater Atlanta 596,953 495,023 1,774,073 118,215 166,890 136,831 18,014 3,499 6,308 14,033 12,359 3,342,198 Greater Cincinnati 316,017 545,133 546,006 227,155 171,568 30,687 9,974 695 772 17,009 16,915 1,881,931 Greater Evansville 167,849 600,317 362,955 120,017 207,213 52,613 6,559 1,003 1,619 – 11,091 1,531,236 Greater Kansas City 368,277 900,372 502,586 161,843 271,144 52,314 9,850 825 1,184 7,398 16,085 2,291,878 Greater Lansing 125,994 314,805 110,163 53,470 58,705 99,771 66,288 254 316 2,295 5,607 837,668 Greater Nashville 224,702 609,514 307,919 53,607 187,421 46,253 34,028 – 1,277 – 3,521 1,468,242 Greater New York

City 699,408 3,855,616 961,710 1,132,599 1,163,791 165,646 45,925 3,023 1,948 172,579 24,792 8,227,037 Greater Richmond 152,215 560,787 387,550 22,602 201,356 46,356 3,261 1,084 2,117 2,009 4,819 1,384,156 Greater Roanoke 89,432 196,936 326,545 3,188 50,816 18,677 67,834 289 872 1,333 61,431 817,353 Hawaii 118,501 453,516 131,432 68,857 102,543 3,511 22,839 326 273 14,270 3,883 919,951 Houston 950,730 1,441,702 2,167,365 441,856 623,252 154,054 26,025 534 1,019 – 14,474 5,821,011 Indianapolis 459,074 1,024,779 943,365 206,846 395,667 156,352 34,091 1,878 2,724 10,216 11,297 3,246,289 Inland Empire 196,638 979,957 309,820 117,511 278,245 32,172 7,573 367 340 6,407 3,171 1,932,201 Knoxville 200,651 447,765 208,945 136,123 90,608 49,173 6,335 274 (166) 500 1,550 1,141,758 Las Vegas 212,147 761,120 278,215 343,581 209,690 68,990 32,360 1,945 4,691 8,135 14,807 1,935,681 Lexington 134,214 268,055 249,889 32,548 225,467 33,003 18,457 353 2,222 2,854 6,140 973,202 Los Angeles County 167,114 930,731 224,826 47,376 230,052 76,843 26,880 480 15,182 39,870 8,744 1,768,098 Louisville 182,937 386,646 229,187 151,587 131,278 67,197 7,649 458 1,370 6,595 12,276 1,177,180 Lowcountry

(Charleston) 169,891 730,312 488,758 44,005 195,504 38,469 5,327 1,070 6,903 2,490 5,766 1,688,495 Lubbock Area 109,952 286,137 161,590 37,146 43,884 67,600 29,838 614 2,919 4,477 7,009 751,166 Madison 161,414 466,680 129,409 192,596 155,891 11,718 23,928 941 332 – 4,403 1,147,312 Maine 89,818 231,836 86,263 155,180 61,210 81,612 10,218 490 224 503 6,367 723,721



46 1309-1130337



Education


Treatment Services

Fundraising Costs





Total Expenses

Maryland $ 613,842 $ 1,736,256 $ 534,326 $ 333,784 $ 451,286 $ 137,993 $ 23,079 $ 931 $ 2,809 $ 13,108 $ 41,374 $ 3,888,788 Massachusetts 129,499 1,146,081 92,195 69,340 231,910 52,631 12,322 370 700 15,284 14,537 1,764,869 Memphis Mid-South 244,975 384,956 627,665 18,035 131,776 55,859 11,077 62 329 23 3,143 1,477,900 Miami-Ft. Lauderdale 344,915 808,417 653,521 229,499 187,815 35,728 7,824 89 3,039 7,672 8,157 2,286,676 Mid-Kansas 153,454 522,582 173,548 50,521 120,666 29,432 52,193 872 388 – 4,181 1,107,837 Mid-Missouri 53,574 307,188 55,395 11,556 80,167 1,841 2,358 5 38 8,339 3,967 524,428 Milwaukee 247,075 1,518,889 631,121 120,206 221,627 4,482 37,190 831 6,306 48,935 4,594 2,841,256 Minnesota 489,188 1,330,499 619,544 607,798 331,001 84,081 3,011 670 43 – 6,232 3,472,067 Montana 34,782 168,882 68,886 6,000 36,007 9,799 1,494 168 3,115 – 1,577 330,710 NC Foothills 49,230 57,698 174,426 720 10,654 696 19,792 289 625 1,270 4,107 319,507 NC Triad 274,729 499,720 493,143 51,475 123,581 82,153 41,476 1,053 21,654 140 11,268 1,600,392 NC Triangle 315,072 1,205,623 599,042 245,205 355,220 64,627 50,299 2,226 1,034 10,744 27,799 2,876,891 Nebraska 256,128 761,262 223,684 250,812 218,499 82,434 20,078 368 216 378 6,028 1,819,887 New Orleans 186,100 251,507 439,353 71,523 63,007 22,157 12,335 74 199 2,855 7,031 1,056,141 North Central

Alabama 216,555 718,607 476,583 44,681 213,769 10,136 5,609 120 249 47 1,622 1,687,978 North Dakota 166,752 (19,521) – – 1,320 – – – 25 – 861 149,437 North Florida 74,084 323,786 145,610 55,206 88,798 21,100 7,956 27 – 25,768 9,356 751,691 North Jersey 309,701 968,869 293,462 187,563 173,851 219,391 46,850 6,289 5,628 16,335 40,466 2,268,405 North Mississippi 62,572 89,026 149,848 – 24,360 12,698 3,421 86 – – 1,448 343,459 North Texas 246,110 908,376 367,440 312,859 338,595 30,530 3,963 83 397 – 12,993 2,221,346 Northeast Louisiana 50,165 170,272 103,515 49,678 57,862 26,413 12,546 179 1,861 – 1,667 474,158 Northeast Ohio 298,595 1,157,444 624,829 59,584 182,380 237,623 30,199 5,811 11,023 18,176 39,145 2,664,809 Northeast

Pennsylvania 103,980 238,066 129,088 132,377 52,025 19,269 4,177 164 855 (240) 9,579 689,340 Northeastern

New York 71,600 273,678 39,781 62,392 57,420 17,347 4,311 718 318 120 441 528,126 Northern Indiana 43,938 163,797 49,361 96,780 23,775 20,052 20,483 972 126 – 6,641 425,925 Northern Nevada 71,444 153,463 106,812 163,572 67,462 27,095 7,934 714 208 3,810 6,009 608,523



47 1309-1130337



Education


Treatment Services

Fundraising Costs





Total Expenses

Northwest Ohio $ 255,165 $ 618,018 $ 516,878 $ 51,838 $ 185,294 $ 28,717 $ 10,593 $ 1,931 $ 2,076 $ 9,338 $ 7,421 $ 1,687,269 Orange County 648,011 1,295,523 1,485,090 125,158 487,588 78,300 29,283 2,533 12,579 1,980 16,513 4,182,558 Oregon & SW

Washington 379,882 2,995,502 603,386 196,308 1,197,582 43,890 6,219 622 808 25,989 4,679 5,454,867 Ozark 210,901 582,503 465,955 131,877 347,006 41,462 32,362 2,900 427 363 6,460 1,822,216 Peoria Memorial 251,349 869,793 525,347 44,301 194,305 24,256 22,871 277 380 796 4,813 1,938,488 Philadelphia 618,242 3,724,983 1,084,936 163,586 1,053,457 135,157 32,498 3,995 13,350 13,520 25,307 6,869,031 Phoenix 452,963 1,376,523 469,936 772,024 433,920 23,235 7,045 438 50,165 795 3,314 3,590,358 Pittsburgh 431,098 1,064,201 804,874 75,022 329,435 133,800 13,300 1,258 3,669 1,124 28,357 2,886,138 Puget Sound 548,210 1,861,572 938,015 490,873 743,884 96,968 1,631 661 30,371 345 2,281 4,714,811 Quad Cities 96,022 306,228 295,499 22,334 93,529 10,767 1,528 61 – 2,867 1,650 830,485 Sacramento Valley 238,748 1,091,014 384,077 70,700 320,779 49,772 38,252 1,878 840 48,390 25,383 2,269,833 Salt Lake City 150,871 533,951 313,749 64,061 169,992 52,282 7,343 431 310 65 8,135 1,301,190 San Antonio 263,525 1,236,260 365,627 305,645 340,006 57,034 2,033 845 4,463 122 9,146 2,584,706 San Diego 352,910 1,321,283 587,447 378,208 331,234 67,761 7,699 1,669 1,384 16,063 21,910 3,087,568 San Francisco Bay

Area 115,742 376,396 83,093 166,542 71,511 40,790 16,243 833 432 106,013 11,536 989,131 Shreveport-Bossier

City 70,717 247,108 142,849 2,399 105,989 15,524 4,377 121 (325) 3,125 9,749 601,633 Siouxland 42,765 129,496 101,364 14,413 26,674 11,512 12,605 430 149 – 3,847 343,255 South Dakota 87,132 205,050 141,134 45,587 38,841 27,787 6,798 132 196 112 3,197 555,966 South Florida 251,092 986,048 552,055 288,654 290,886 265,534 11,107 1,971 49,620 13,566 12,444 2,722,977 Southeast Iowa 26,609 81,349 142,962 5,900 22,597 1,256 161 6 – – 1,863 282,703 Southern Arizona 115,892 806,685 17,000 168,012 196,066 20,992 12,841 1,480 1,141 2,907 13,637 1,356,653 Southwest Florida 206,754 488,063 397,112 202,813 133,495 72,683 87,976 1,876 873 3,976 13,196 1,608,817 Southwest Michigan 60,850 152,536 204,740 – 28,221 30,318 6,578 728 6,007 – 3,536 493,514 St. Louis 701,616 982,593 1,548,052 301,343 341,239 92,814 21,770 1,622 624 – 8,307 3,999,980 Tarrant County 334,853 723,619 571,752 378,515 148,574 54,930 2,193 286 30 12,466 5,885 2,233,103 Texarkana 103,019 234,104 236,754 5,812 53,791 14,941 2,832 60 355 – 6,310 657,978 Tidewater 191,175 658,235 477,751 19,077 158,986 58,469 19,727 1,080 2,161 3,355 20,622 1,610,638



48 1309-1130337



Education


Treatment Services

Fundraising Costs




Professional Fees Other Total Expenses

Tri Cities $ 120,955 $ 201,965 $ 279,130 $ 1,083 $ 60,732 $ 20,644 $ 4,483 $ 1,387 $ 1,449 $ – $ 3,766 $ 695,594 Tulsa 162,372 564,041 382,929 – 155,576 41,225 6,837 343 – 1,000 10,870 1,325,193 Tyler 63,045 165,637 235,103 15,627 86,480 11,264 19,174 696 1,652 – 8,060 606,738 Upper Cumberland 39,693 130,873 95,475 5,183 40,060 4,934 4,711 106 1,467 853 2,003 325,358 Upstate South

Carolina 115,659 366,093 226,489 110,980 105,124 51,329 14,680 895 1,695 1,600 8,607 1,003,151 Vermont-New

Hampshire 118,129 386,380 128,784 108,958 80,703 24,513 5,654 812 957 8,417 2,717 866,024 Wabash Valley 37,056 112,919 88,120 21,856 18,232 1,295 4,753 566 294 1,229 5,515 291,835 West Virginia 91,713 212,586 145,478 25,525 46,617 10,257 6,219 1,088 2,303 16,020 17,674 575,480 Western New York 141,742 427,268 147,570 33,650 81,307 83,852 17,376 1,587 – 235 5,162 939,749 Wichita Falls 42,417 49,893 93,300 46,650 11,677 – – 54 – – 1,808 245,799 Wyoming 62,815 172,774 322,515 45,972 68,277 63,000 8,510 199 5,141 6,844 3,963 760,010 Total Affiliates 25,964,111 80,388,827 49,319,676 15,420,178 23,567,936 6,378,186 2,026,637 100,920 358,008 921,365 1,259,668 205,705,512 Headquarters total 49,526,380 65,362,962 9,085,780 4,777,192 27,464,204 5,073,423 625,371 19,435 621,138 1,238,038 1,096,191 164,890,114 Eliminations (25,964,111) (2,589,915) (2,536,684) (1,404,225) (260,103) – – – – (75,000) (287,050) (33,117,088)Consolidated total $ 49,526,380 $ 143,161,874 $ 55,868,772 $18,793,145 $ 50,772,037 $ 11,451,609 $ 2,652,008 $ 120,355 $ 979,146 $ 2,084,403 $ 2,068,809 $ 337,478,538

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